Home Federal Bancorp (HFBL) director exercises 6,000 options in Form 4 filing
Rhea-AI Filing Summary
Timothy W. Wilhite, a director of Home Federal Bancorp, Inc. of Louisiana, exercised stock options on January 6, 2026 to acquire 6,000 shares of common stock at $11.86 per share. Following this transaction, he directly beneficially owns 48,896 shares of common stock, including 5,000 shares granted under the 2025 Stock Incentive Plan that vest 20% per year starting December 18, 2026 and 43,896 shares held jointly with his spouse.
After the exercise, Wilhite also holds derivative awards consisting of 12,000 stock options with an exercise price of $11.86 per share expiring on November 11, 2030, 12,000 stock options with an exercise price of $15.17 per share expiring on December 18, 2035, and 5,000 stock options with an exercise price of $11.79 per share expiring on July 24, 2034. These option grants vest at a rate of 20% per year on the schedules described in the footnotes.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options (Right to Buy) | 6,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 6,000 | $11.86 | $71K |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
Footnotes (4)
- F1. Includes 5,000 shares granted pursuant to the Issuer's 2025 Stock Incentive Plan that are vesting ratably over five years at 20% per year commencing on December 18, 2026 and 43,896 shares held jointly with the reporting person's spouse.
- F2. The options vested at a rate of 20% per year commencing on November 11, 2021 and were fully vested and exercisable as of November 11, 2025.
- F3. The options are vesting at a rate of 20% per year commencing on December 18, 2026.
- F4. The options are vesting at a rate of 20% per year commencing on July 24, 2025.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did HFBL director Timothy W. Wilhite report?
Timothy W. Wilhite reported exercising stock options on January 6, 2026 to acquire 6,000 shares of Home Federal Bancorp, Inc. of Louisiana common stock at an exercise price of $11.86 per share.
What HFBL stock options did Timothy W. Wilhite exercise on January 6, 2026?
On January 6, 2026, he exercised 6,000 stock options (Right to Buy) with an exercise price of $11.86 per share. These options had vested at 20% per year starting November 11, 2021 and were fully vested and exercisable as of November 11, 2025.
What HFBL option grants does Timothy W. Wilhite continue to hold after the transaction?
After the transaction, he holds: 12,000 stock options at $11.86 per share expiring on November 11, 2030, 12,000 stock options at $15.17 per share expiring on December 18, 2035, and 5,000 stock options at $11.79 per share expiring on July 24, 2034, subject to the vesting schedules described in the footnotes.
What is Timothy W. Wilhite’s relationship to Home Federal Bancorp, Inc. of Louisiana (HFBL)?
According to the filing, Timothy W. Wilhite is a director of Home Federal Bancorp, Inc. of Louisiana, and the Form 4 is filed as a single reporting person filing.